Investment firm Blockchain Capital has transferred its entire position of 276,000 AAVE tokens (valued at approximately $24.8 million) to Coinbase Prime. The move follows a similar exit by ParaFi Capital a week earlier, which sold AAVE and reallocated to SKY. Blockchain Capital accumulated 233,000 AAVE between October 2020 and March 2023 at an average price of $94 per token. The firm had previously sold 16,900 tokens in December 2024 for $5.04 million. If the remaining position is sold at current levels, Blockchain Capital would realize approximately $7.9 million in total gains on the accumulated holdings.
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